Published Date: 18-Nov-2021
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According to a new report Global Healthcare Video Conferencing Solutions Market, published by KBV research, The Global Healthcare Video Conferencing Solutions Market size is expected to reach $120.3 Million by 2027, rising at a market growth of 6.6% CAGR during the forecast period.
In 2020, the on-premises segment acquired the maximum revenue share of healthcare video conferencing solutions market. Factor like rising demand for on-premises deployment by several companies, particularly large-scale companies is responsible for the growth of segment. In large-scale companies, the concerns associated with data theft and proper maintenance of information security systems are surging, which is driving the growth of the segment.
The software segment would exhibit promising growth of the healthcare video conferencing solutions market during the forecasting years. This growth of the segment is attributed to the growing deployment of collaboration solutions like zoom video conferencing and software-based communication solutions. The services segment is anticipated to witness a significant growth in the healthcare video conferencing solutions market during the forecast period, owing to the increasing number of providers of video conferencing services in the market.
In 2020, North America garnered the largest revenue share of the healthcare video conferencing solutions market. Factors such as growing demand for uninterrupted access to high-quality virtual meetings of doctors with patients and rising deployment of video conferencing solutions in the healthcare industry are driving the growth of the regional market. Moreover, the regional market growth is also boosting due to the existence of many key players in this region, particularly in the US.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., Avaya Holdings Corporation, Plantronics, Inc. (Polycom, Inc.), Adobe, Inc., Zoom Video Communications, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Logitech International S.A., Pexip AS, Intrado Corporation (Apollo Global Management), and Vidyo, Inc. (Enghouse Systems Ltd.).
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